What does Lufthansa gain from its €1.2 billion TAP Air Portugal deal and when?
Lufthansa expects about €450 million a year in synergies from buying up to 49.9% of TAP Air Portugal for €1.2 billion, but Portugal’s continued control, lengthy regulatory reviews and the slow progress of its ITA Airways deal suggest the gains could...
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Source: Euronews
Lufthansa expects about €450 million a year in synergies from buying up to 49.9% of TAP Air Portugal for €1.2 billion, but Portugal’s continued control, lengthy regulatory reviews and the slow progress of its ITA Airways deal suggest the gains could take years to arrive.
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